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Originally published by Capital Business
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business
March 5, 2026
1mo ago

Musk tells jury ‘people read too much’ into his posts

Musk tells jury ‘people read too much’ into his posts

Musk said posts he wrote after he had struck a deal to buy the platform were "extremely literal" and not intended to try to reduce the price he would have to pay. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase. He is defending against claims that his tweets manipulated the market.

  • Musk stated his posts were "extremely literal" and he was "simply speaking my mind."
  • Investors' lawsuit stems from Musk's series of messages affecting his deal to buy Twitter for $44 billion.
  • A lead investor claims he sold Twitter shares at a loss in July 2022 due to Musk's public comments.

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Musk tells jury 'people read too much' into his posts - March 2026

Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase, defending against claims that his tweets manipulated the market. A U.S. Court of International Trade ordered Customs and Border Protection to issue refunds for tariffs previously imposed by President Donald Trump under the International Emergency Economic Powers Act, following the Supreme Court striking down these levies last month. Meanwhile, Venezuelan interim president Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum announced both nations will collaborate on developing Venezuela's mining sector, following recent U.S. actions involving the seizure of Nicolás Maduro.

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